We have a Bearish Cypher pattern on the ADA/USDT on the 15min TF, 2 moves can be played here:
Long: The price seems to bounce on the support line while RSI enters the 30+ zone and the MACD seems to be ready for a bullish crossover of the signal.
Short: Following the Bearish Cypher, we can expect a dump of the price once D is reached which also corresponds to the resistance line.
Long: The price seems to bounce on the support line while RSI enters the 30+ zone and the MACD seems to be ready for a bullish crossover of the signal.
Short: Following the Bearish Cypher, we can expect a dump of the price once D is reached which also corresponds to the resistance line.
Order cancelled
Pattern not validated, ADA started a range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.